Fortis (FRA:12F) Accounts Payable: €2,373 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:12F Fortis Inc FRA:12F
81 GF Score
Price €50.30
GF Value €40.16
Valuation Modestly Overvalued
! 12 Warning Signs
View Full Analysis

What is Fortis Accounts Payable?

Fortis FRA:12F -0.04% 81 Accounts Payable is €2,373 Mil as of Mar. 2026. GuruFocus rates FRA:12F with a GF Score™ of 81/100 and a GF Value™ of €40.16 (Modestly Overvalued). The stock has 12 warning signs investors should review.

Fortis's Accounts Payable for the quarter that ended in Mar. 2026 was €2,373 Mil.

Fortis's quarterly Accounts Payable declined from Sep. 2025 (€1,843 Mil) to Dec. 2025 (€711 Mil) but then increased from Dec. 2025 (€711 Mil) to Mar. 2026 (€2,373 Mil).

Fortis's annual Accounts Payable increased from Dec. 2023 (€677 Mil) to Dec. 2024 (€751 Mil) but then declined from Dec. 2024 (€751 Mil) to Dec. 2025 (€711 Mil).

Fortis Accounts Payable Historical Data

* Premium members only.

The historical data trend for Fortis's Accounts Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fortis Accounts Payable Chart

Fortis Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 535.15 615.67 676.68 751.43 710.69

Fortis Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,179.12 1,848.43 1,843.31 710.69 2,373.08
FRA:12F
81GF Score
Fortis Inc FRA:12F
Accounts Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fortis Accounts Payable Calculation

Accounts Payable represents any money that a company owes its suppliers for goods and services purchased on credit and is expected to pay within the next year or operating cycle.

Frequently Asked Questions Learn more about Accounts Payable →
What does a Accounts Payable of €2,373 Mil mean?
Fortis (FRA:12F) has a Accounts Payable of €2,373 Mil as of Mar. 2026. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Fortis and its competitors.
Is Fortis' Accounts Payable too high?
Fortis' current Accounts Payable is €2,373 Mil. Overall, Fortis has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortis' Accounts Payable compare to NEE and SO?
Fortis' Accounts Payable of €2,373 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Payable for an Utilities - Regulated company?
A good Accounts Payable depends on the Utilities - Regulated industry context. However, Accounts Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Payable mean?
A high Accounts Payable can signal that a stock is expensive relative to its fundamentals. Accounts Payable is any money that a company owes for goods and services purchased on credit and is expected to pay within the next year. View historical data on Fortis and its competitors. Fortis's current Accounts Payable is €2,373 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortis stock overvalued right now?
Based on GuruFocus' analysis, Fortis (FRA:12F) is currently considered Modestly Overvalued. The stock's GF Value™ is €40.16, compared to a current price of €50.30 — trading 25.2% above its estimated fair value. The current Accounts Payable is €2,373 Mil. Fortis' overall GF Score™ is 81/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Payable calculated?
Accounts Payable is calculated from a company's financial statements. For Fortis (FRA:12F), the current Accounts Payable is €2,373 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fortis (FRA:12F) Overvalued in 2026?

Based on GuruFocus' analysis, Fortis stock appears to be overvalued. The current stock price of €50.30 is trading 25.2% above its estimated GF Value™ of €40.16. GuruFocus considers Fortis to be Modestly Overvalued.

Key valuation signals for FRA:12F:

  • Accounts Payable: €2,373 Mil
  • GF Value™: €40.16 vs. price of €50.30 (25.2% above fair value)
  • GF Score™: 81/100 with 12 warning signs

No single metric tells the full story. See the FRA:12F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fortis Business Description

Address 5 Springdale Street, Suite 1100, Fortis Place, Saint John’s, NL, CAN, A1B 3T2
Fortis owns and operates eight utility transmission and distribution subsidiaries in Canada and the United States, serving 3.5 million electricity and gas customers. The company has smaller stakes in electricity generation and several Caribbean utilities. Subsidiary ITC operates electric transmission in seven US states, with more than 16,000 miles of high-voltage transmission lines in operation.
81GF Score

Get the complete analysis for FRA:12F

Accounts Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€50.30
Price
€40.16
GF Value